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Oil Prices Continue to Fall From 2009 Peaks
At 10:15 am EDT, the price of crude had dropped by 1.4 percent to $71.08 a barrel and the price of heating oil had lost 1.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.06
Morning projection (for Thursday’s price per gallon): DOWN $0.01
Investors rushed to cash in on crude and heating [...]
Oil Prices Down Ahead of US Economic Data
At 9:38 am EDT, the price of crude had dropped 0.2 percent to $74.19 a barrel and the price of heating oil had lost 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02
Morning projection (for Wednesday’s price per gallon): DOWN $0.01
The prices of crude and heating oil were down slightly [...]
Read More »More Recovery Hopes Keep Oil Prices on the Rise
At 9:00 am EDT, the price of crude had gained 0.4 percent to $74.19 a barrel and the price of heating oil had risen by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.03
Morning projection (for Tuesday’s average price per gallon): UP $0.02
The price of crude continued to increase beyond [...]
Heating Oil Up, Crude Hits 2009 High on Renewed Recovery Hopes
At 8:42 am EDT, the price of crude had gained 1.4 percent to reach $73.91 a barrel and the price of heating oil had risen by 1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.03
Morning projection (for Monday’s price per gallon): UP $0.02
A weakening dollar and rising stock markets helped [...]
Oil Prices Flat After Wednesday’s Surge
At 9:55 am EDT, the price of crude had risen by just 0.2 percent to $72.55 a barrel and the price of heating oil had fallen by 0.6 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.06
Morning projection (for Friday’s average price per gallon): DOWN $0.01
Surprisingly large reductions in crude, gasoline [...]
Oil Prices Dip As Chinese Stock Market Falls
At 9:51 am EDT, the price of crude had lost 0.1 percent, falling to $69.13 a barrel and the price of heating oil had lost 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04
Morning projection (for Thursday’s average price per gallon): DOWN $0.02
Crude and heating oil prices are on the [...]
US Housing and Manufacturing Data Hold Down Oil Prices
At 8:54 am EDT, the price of crude was basically flat, having gained just 0.2 percent to reach $68.86 a barrel. The price of heating oil had fallen by 0.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Wednesday’s price per gallon): DOWN $0.03
After two straight days of [...]
Oil Prices Plummet on Low Consumer Confidence, Recession Fears
At 9:27 am EDT, the price of crude had lost 2.2 percent to $66.01 a barrel and the price of heating oil had fallen by 1.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.06
Morning projection (for Tuesday’s average price per gallon): DOWN $0.03
A Survey released on Friday that showed a [...]
Positive Economic News Drives Up Oil Prices
At 9:34 am EDT, the price of crude had gained 1.3 percent to reach $71.10 a barrel and the price of heating oil had risen by 1.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Friday’s average price per gallon): UP $0.03
Fresh data from Europe showed that the [...]
Read More »Heating Oil Prices Flat After Inventory Data and IEA Demand Forecast, Crude Oil Up Along With Stock Markets
At 11:51 am EDT the price of crude had gained 1.8 percent to reach $70.68 a barrel and the price of heating oil had fallen by 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Thursday’s average price): NO CHANGE
Oil prices hovered near Tuesday’s closing positions this morning, [...]
Oil Prices Up on Demand Boom in China
At 9:01 am EDT, the price of crude had gained 0.1 percent to $70.70 a barrel and the price of heating oil had risen by 0.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02
Morning projection (for Wednesday’s average price per gallon): UP $0.01
Crude and heating oil prices are rising steadily [...]
Oil Prices Up on Atlantic Storm Warning, Steady OPEC Output
At 9:52 am EDT, the price of crude had risen by 0.2 percent to $71.05 a barrel and the price of heating oil had gained 0.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Tuesday’s price per gallon): UP $0.01
Crude and heating oil prices bounced back to pare [...]
Oil Prices Dip on Stronger Dollar after Support from Jobs Data
At 9:48 am EDT, the price of crude had fallen by 0.7 percent to $71.47 a barrel and the price of heating oil had dropped by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Monday’s price per gallon): DOWN $0.01
Oil prices increased sharply first thing this morning [...]
Crude Down, Heating Oil Up as Inventory Report Sinks In
At 9:43 am EDT, the price of crude had fallen by 0.6 percent to $71.57 a barrel and the price of heating oil had gained 0.2 percent.
HEAT USA Price Report
Today’s average retail price per gallon: NO CHANGE (from 2 pm yesterday)
Morning projection (for Friday’s average price per gallon): UP $0.01
The effects of yesterday’s EIA inventory [...]
Read More »Distillate Inventory Draw Brings Afternoon Heating Oil Price Increase
HEAT USA price experts report that the 1.1-million-barrel increase in distillate stockpiles reported this morning by the EIA caused an incresae in retail heating oil prices, effective at 2:00 EDT this afternoon. The moderate incrase over this morning’s price will likely remain in place through tomorrow morning.
Read More »Oil Prices Up Ahead of Inventory Data
At 9:12 am EDT, the price of crude had risen by 0.3 percent to $71.65 a barrel and the price of heating oil had gained 1.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04
Morning projection (for Thursday’s average price per gallon): DOWN $0.02
Crude was up slightly and heating oil up [...]
Oil Prices Dip on Expectations of Inventory Build
At 9:59 am EDT, the price of crude had fallen by 0.8 percent to $71.00 a barrel and the price of heating oil had risen just 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Wednesday’s average price per gallon): DOWN $0.02
Crude and heating oil prices reversed three [...]
Read More »Oil Prices Up on Stock Market Gains, Growing Demand in China
At 9:04 am EDT, the price of crude had gained 2.8 percent to reach $71.38 a barrel and the price of heating oil had risen by 2.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.06
Morning projection (for Tuesday’s average price per gallon): DOWN $0.01
The upward trend in crude and heating [...]
Oil Prices Drop as US Economy Shrinks
At 8:56 am EDT, the price of crude had slipped by 1 percent to $66.28 a barrel and the price of heating oil had lost 1.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04 from yesterday at 12pm
Morning projection (for Monday’s price per gallon): DOWN $0.03
Oil prices dropped slightly [...]
Rising Oil Prices on NYMEX Bring About Midday Price Increase
HEAT USA price experts’ expectations of a midday price change in heating oil prices were fulfilled late this morning. Reacting quickly to the rapid recovery of oil prices this morning, heating oil wholesalers implemented a 6-cent price increase, effective at 10:45 am EDT.
HEAT USA Price Report
Midday Price Change: Average retail heating oil prices UP $0.06 [...]
